Satellite Communication (SATCOM) Equipment Market Outlook , …

(MENAFN- Comserve)

Shibuya-ku, Tokyo, Japan, Japan, Aug 30, 2022, 01:32 /Comserve / — The SATCOM equipment market is estimated to be USD 20.20 billion in 2022 and is projected to reach USD 30.32 billion by 2031, at a CAGR of 8.46% during the forecast period.

“Factors such as growing need for uninterrupted communication in various industries and increasing use of SATCOM equipment in space exploration, telecommunication, & telemetry will drive the SATCOM equipment market.”

The SATCOM equipment market is estimated to be USD 20.20 billion in 2022 and is projected to reach USD 30.32 billion by 2031, at a CAGR of 8.46% during the forecast period.

Factors such as growing need for uninterrupted communication in various industries; increasing use of SATCOM equipment in space exploration, telecommunication, & telemetry; growing fleet of…



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